Bitcoin ETF records its highest inflow since January as Bitcoin regains $90,000
Bitcoin Exchange Trade Fund (ETF) – Investments tracking cryptocurrency prices – recorded the best day since Monday’s January. rebound Starting from the lowest of each year.
Bitcoin ETFS President Trump was in office, so he was bleeding, so he was bleeding. Trade Policy Send the running investors Dangerous assets Like a code. However, this week has changed as 12 classes of ETFs added $381 million inflows on Monday, bringing in $588 million on Jan. 29th, adding the highest amount since pulling in $588 million.
These ETF influxes have been sold after the cards were cleaned, followed by the sale of the code. Customs Tax Announcement Earlier this month, investors were reassessing their approach, said Michele Crivelli, founder of digital asset publisher Nexbridge. luck.
“The latest surge in ETF activity reflects tactical changes in asset allocation,” he said. “Bitcoin is considered a legitimate hedge, like gold, especially in uncertain market conditions.”
The Bitcoin ETF rose earlier this month as a Bitcoin rebound, falling below $75,000, up 3% on Tuesday, exceeding $90,000. The rebound comes as Trump continues to dig into tariffs and engages in a one-sided feud with Federal Reserve Chairman Jerome Powell on interest rates. The White House confirmed Friday that the president is “studying” if he has power. Fire Powell.
The value since January USD Trump’s tariff policy has fallen as investors began to flee American assets. As Trump targeted the Fed, concerns over central bank independence have further declined the US dollar, pushing it forward on Monday. Minimum Since 2022.
For this reason, some crypto analysts say investors are flocking to Bitcoin as cryptocurrencies are not controlled by central banks or governments and therefore are separated from macroeconomic factors such as tariffs and interest rates.
“As the shift in the traditional financial system and the US regulatory environment to constructive engagement, institutional investors have clearly been recalibrated, and Bitcoin has emerged as a major beneficiary.” luck.
Monday’s influx shows a shift in sentiment towards crypto amid recent economic uncertainty, but $381 million is not nearing a record high for the asset class. Bitcoin ETF, that debut Last January, it was some of the most successful ETFs in history, and accumulating versions of BlackRock Record $50 billion It will flow within 11 months. In February, Bitcoin ETF pulled in a record $1 billion within a day.
This story was originally introduced Fortune.com